MATIC is resting on an inclined trendline for the past few months and it is seen to get weaker and weaker. Everyone Hyping a lot on #Matic. But i'm Planning to short it once it loses the bottom trendline. Now just waiting patiently for the things to happen.
We Brokedown the trendline and the wedge and we are trading sideways for the last 4 days. I will be only longing Bitcoin if we start trading in the green Zone. And note this... More sideways action will make the bears Stronger. And also, I wont be afraid to open a High leveraged long at the green Zone.
Bitcoin bearish Scenario : Following the massive selloff a few days ago, Bitcoin is trading in sideways and we saw a small sell-off yesterday. However, The current chart looks bad since it confirmed my bearish scenario with 3 Major Confluence. 1- We confirmed the trendline breakdown with a retest and Rejection (The Black line) 2- We confirmed the Falling...
The SP 500 Index is testing the trendline currently and it is currently holding the trendline for 423 Days. However, The trendline is getting weaker. I Could see a rising wedge too... I Have to track the Stock market too to predict the movements in the cryptocurrency market.
Kadena has been consolidating into a bullish triangle for the past 1 Month. If Triangle broken upwards, Expecting a +200% Bullish wave towards the 48 USDT range. On the worst case, If we lost the support, We may retest the 12 USDT Support area. I'm overall bullish on Kadena due to The good fundamentals behind it and i'm having no idea to sell it at such low...
BTC Low risk trade Setup (D1) : trade with low risk only with low position size... We can build position if we go further up. BTC Looks lying aat a good support and a trendline. So i see no reason to open a Long position here...
Bitcoin (XBT) Update Consolidating in a bullish broadening wedge. Daily chart RSI looks oversold so bullish wave is expected. Better to build position slowly instead of going All in.
Sushi (SUSHI) Sushi looks bullish in the daily log chart. SUSHI is the native token of the Sushiswap DEX, Which is the 5th largest DEX By volume. its better to buy some SUSHI Now in this dip and place pending orders till the 6.9 USDT Range.
KDA Is printing a bullish pennant in the hourly charts. Expecting upwards breakout towards the 40ish range
Cardano has been in a downtrend in the past few weeks. Currently, its Not bad to grab some cardano here... the Cardano market is currently at the fib golden pocket in this oversold market. Take profit will be around the 3.5 Range.
We are travelling both in a rising wedge and also made a perfect retest of the bullish pennaant. im on the bullish side...
KDA Is consolidating with a bearish divergence. A drop to 16.1 will be a healthy correction for the next leg up... buying more if we see anything below 16 USD. KDA Will definitely be my biggest bag due to its amazing project. The FOMO is real without even major exchange listings and it is definitely cheap to buy now.
Bitcoin is travelling inside a wedge and the rejection is not so good.... We need to watch for the breakout at the either sides... Remember institutions opened huge long positions this week and Bitcoin loves to break bearish wedges at the upside in a bull market... Waiting for further Confirmations...
Grabbing some #SHIB with low risk here... looks not bad to buy some here... also we are bouncing from the 200 EMA For the first time and this convinces me to take a long here...
Wazirx is the biggest Indian exchange which accepts INR and has a direct partnership with binance. However, WRX Has a low market capitalisation and expected to give insane gains in the next alt season. So keep an eyes on this. Thank you
We are currently breaking out of a bullish accumulation and expecting good gains in the upcoming Alt-Season.
KDA Is currently accumulating in a bullish triangle and a breakout upwards will lead to new highs. However it will be good for a DCA Below 6 dollars. #KDASquad
#AR (4 Hours) Arweave is currently ranging for the last 2 Months And is forming an ascending triangle pattern. A Break upwards will easily lead AR to a 100$. A breakdown will give furthur sideways accumulation around 35$.